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PowerPoint Slideshow about 'Renewable energy sources in Latin America and the Caribbean: two years after Bonn HUGO ALTOMONTE Chief Natural Resources' - libitha

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21 countries approved the Brasilia Platform on Renewable Energies, which establishes among its main points: “To further efforts to achieve the goal set forth in the Latin American and Caribbean Initiative for Sustainable Development of ensuring that by the year 2010 the use of renewable energy by the region, taken as a whole, amounts to at least 10% of its total primary energy supply on the basis of voluntary efforts and taking into account the diversity of national situations”.

BarriersThese requirements mean that projects are very unlikely to be accepted into the CDM scheme if they are i) highly profitable; ii) conform to common practice (and hence face no particular barriers) or iii) are part of State policy

Paradox: even though the future of CDM in Latin America depends on renewable energy projects, any steps to support the development of such ventures would interfere with their eligibility as CDM projects.

In a number of sectors, the CDM rules have thus created a perverse incentive to postpone government support for renewable in order to pave the way for CDM eligibility

4-Bioethanol is now a reality in a number of Latin American and Caribbean countries

Campaigns are needed to raise awareness of the advantages and disadvantages of the production and efficient use of bioethanol

It is important to analyse the replicability of Brazil’s experience with bioethanol in other countries of the region

5-Initiatives to develop biodiesel programmes in some Latin American countries have started to move ahead only recently . Analysis need to assess the financial, economic and social gains from the production of biofuels